Published 2 months ago.
About a 4 minute read.
The launch includes a call to action for organizations worldwide to use the tools of carbon accounting to drive transition plans and direct emission reductions.
Climate-action solutions providers Planet
ClimatePartner have joined forces to
launch the Carbon Accounting
Alliance (CAA) — to enable
greater oversight and professionalization of carbon accounting, to accelerate
the effectiveness of the industry.
The CAA is a first-of-its-kind coalition of organizations that support the
measurement and reporting of carbon emissions at scale. It includes software
companies, consultancies, auditors, climate-research organizations and
certifying bodies that have come together to collaborate on solving challenges
faced by the industry, to share best practices and promote the development of
robust standards. Collectively, CAA Members measure the GHG emissions of 23,000+
organizations, with more than 587 million tonnes of carbon dioxide equivalent
(tCO2e) measured and more than 6 million tCO2e reductions achieved from
Despite important strides in standardizing approaches for measuring GHG
emissions, the CAA recognizes that the GHG
Protocol, science-based targets,
still leave room for interpretation when it comes to certain methodologies,
rules and emission-factor database choices. The Alliance also recognizes the
need for formal qualifications to be required across jurisdictions to
professionalize and create consistency in carbon-accounting services provided.
“I’m thrilled to announce the launch of the Carbon Accounting Alliance and to
bring together leading companies across the industry to help organizations on
their net-zero journeys,” said Andrew
Griffiths, Director of
Policy & Partnerships at Planet Mark and co-founder of the CAA. “To efficiently
tackle the climate crisis, we need to work through a unified voice, and this
Alliance has created a mechanism to do just that.”
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The CAA aims to improve support for the global net-zero transition through a
commitment to actively engage industry, policymakers, regulators and other
international bodies; as well as collaborating and sharing learnings between
companies operating in the carbon-accounting industry. This includes a call to
action for organizations worldwide to use the tools of carbon accounting to
drive transition plans and direct emission reductions. CAA Members recognize
that measurement and reporting alone will not solve the climate crisis; it must
be coupled with meaningful action.
In addition to this, the Alliance will campaign to ensure carbon accounting is a
key feature of governments’ green
and jobs policies to meet growing demands for the industry’s services — critical
to the success of a low-carbon economy, as sustainability leaders at some of the
world’s largest companies recently reported the scarcity of talent trained
around the challenges of climate
at both operations and board level to be one of the largest barriers to
achieving their net-zero targets.
Recently, the CAA engaged the UK government’s Department for Energy
Security and Net
(DESNZ), asking to set a policy-driven timeline and deadline for businesses
to report at least Scope 1 and Scope 2 emissions on an annual basis to deliver
emissions transparency. To support this, the CAA is calling for mandatory
sharing of energy, water and waste data between commercial landlords and tenants
— the lack of which is a common barrier to measurement.
The Alliance is also pushing for education and training to focus on
carbon-accounting skills to fill crucial demand gaps from businesses for carbon
measurement, reductions and strategy — a gap highlighted by a recent joint
by Persefoni and the Financial Education and Research Foundation; and
one threatening to stymie many companies in the lead-up to 2024, when the first
will be required to disclose their ESG impacts under the EU’s Corporate
The Alliance welcomes carbon-accounting bodies working across the sector that
are passionate about positive impact, knowledgeable and share the values of
respect and openness to help accelerate the transition to a fairer, kinder and
“I believe that it’s collaboration, not competition, that will solve this
climate crisis,” said Emilien Hoet,
Managing Director at ClimatePartner and co-founder of the CAA. “After
continuously advising clients to collaborate in their industry, it only seemed
right that I walk the talk. My hope is that the CAA will provide the forum to
share challenges and learnings, and positively influence policy, to move faster
with collective impact.”
Published Nov 28, 2023 8am EST / 5am PST / 1pm GMT / 2pm CET